Forbes declares Tyler Perry a billionaire

Tyler Perry, who was once homeless, is officially a billionaire.
Forbes magazine said the 50 year old media mogul has earned $1.4 billion in pre-tax income since 2005.
With Perry's earnings, the Madea writer, producer, director and star has purchased property in Wyoming, Atlanta, New York and LA.
Perry is also set to receive the Governors Award at the 2020 Emmy Awards on September 20.

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